To acquaint students with the role of international institutions and the monetary system.
International Finance: Meaning – Scope of International Financial Management –Factors contributing to growth in International Finance–importance, methods of payment, letter of credit – Types, parties, procedure. Difference between Domestic & International finance
International Financial Market: Meaning and functions of Financial Market. Recent Changes in Global Financial Markets, International financial instruments (Elementary Knowledge) – Euro notes, Euro commercial papers, Euro bond, ADR and GDR.
International Monetary System- Gold Standard, Gold Bullion Standard, Bretton Woods System, Post Bretton Wood agreements.
IMF & World Bank-Objectives, Roles, Achievements, Recent developments, Progress and Criticism.
IFC & IDA, ADB- Objectives, Roles, Functions and Achievements
• Avadhani, V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.
• S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
• Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, New Delhi
• Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, New Delhi
• Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.
• Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.
• Wood, D. and J Byrne: International Business Finance, Macmillan, New York.
• Sodersten B, “International Economics”, Macmillan, London.